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GKIT Positioned to Benefit from Implementation of Carl Moyer Program
Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized player in the alternative fuel engine and vehicle market, this morning announced that several fleet operators are expected to apply for funding from the California Carl Moyer Program in order to replace their existing vehicles with Greenkraft vehicles. Per the update, the Carl Moyer Program, which is expected to go into effect in March, is an incentive program aimed at allowing fleet operators to replace older trucks. The program offers incentives ranging from $10,000 to $60,000 per new truck, depending on the class. Greenkraft offers trucks ranging from class four to class seven, positioning the company to benefit from the implementation of the Carl Moyer Program. As noted in this morning’s news release, Greenkraft anticipates that the program will help it obtain more clients and, ultimately, more revenue in 2018.
To view the full press release, visit http://nnw.fm/53Ihm
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.GreenkraftInc.com
GKIT Sees Potential Orders, Increased Revenue through Replacing Diesel Trucks
Southern California-based alternative fuel company Greenkraft (OTCQB: GKIT) this morning said it sees potential orders from customers who want to replace their older diesel trucks with a more environmentally friendly option. The company offers cleaner alternatives to diesel trucks, which many fleet operators in California are looking to replace. Greenkraft believes it could provide a solution for these fleet operators through its suite of commercial trucks that are powered by alternative fuels such CNG and LPG in classes 4 to 7. The company would see an increase in revenue for 2018 through the potential orders.
To read the full press release, visit http://nnw.fm/3Kl63
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit the company’s website at www.GreenkraftInc.com.
Alternative Fuel Options for Industries Earn GKIT Praise
Southern California-based alternative fuel company Greenkraft, Inc. (OTCQB: GKIT) is receiving accolades for its commercial trucks and conversion kits and engines as it strives to provide reliable and cost-effective options that are environmentally responsible for industrial uses, including agricultural tractors as well as over-the-road commercial vehicles. An article discussing this reads: “Greenkraft … manufactures commercial-forward trucks for classes 4, 5, 6, and 7. GKIT also makes and sells alternative fuel systems that convert petroleum-based fuels to natural gas and propane fuels. The USDE’s Clean Cities program cites Greenkraft’s alternative fuel conversion systems and engine in its Guide to alternative fuel vehicles (http://nnw.fm/3DCkO), specifically naming both its 8.8L natural gas motor and its conversion systems.”
To read the full article, visit http://nnw.fm/JXz1R
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit the company’s website at www.GreenkraftInc.com.
GKIT Alternative Fuel Products Are Lauded, Listed by Clean Cities Program
- US Department of Energy lists GKIT alternative fuel products, such as conversion systems and an engine, through its Clean Cities program
- CalHeat, funded by California Energy Commission, says clean energy fuels can cut greenhouse gas house emissions by 23%
- GKIT reports receiving orders for its diesel-alternative G-series clean energy trucks; company’s goal is to become the number one source for alternative fuel trucks in North America
Greenkraft, Inc.’s (OTCQB: GKIT) products in the alternative fuel clean truck market have been lauded and listed by the U.S. Department of Energy’s (“USDE”) Clean Cities program. In addition, CalHeat, funded by the California Energy Commission, and operated by CALSTART, cites how clean alternative fuels can cut greenhouse emissions by 23%.
GKIT is disrupting the commercial truck industry with clean alternative energy models that operate on Clean Energy Natural Gas (“CNG”) and Liquefied Petroleum Gas (“LPG”). It also offers conversion systems for petroleum-based fuel engines to operate on natural gas and propane fuels. Its conversion systems work not only on trucks but also on specialty vehicles such as agricultural tractors and stationary machines.
Greenkraft is a Santa Ana, California-based company, operating as a manufacturer and distributor of three lines: alternative fuel clean trucks, conversion systems, and engines. It manufactures commercial-forward trucks for classes 4, 5, 6, and 7. GKIT also makes and sells alternative fuel systems that convert petroleum-based fuels to natural gas and propane fuels.
The USDE’s Clean Cities program cites Greenkraft’s alternative fuel conversion systems and engine in its Guide to alternative fuel vehicles (http://nnw.fm/3DCkO), specifically naming both its 8.8L natural gas motor and its conversion systems. It explains that CNG is a clean burning fuel alternative, offering the advantages of being colorless, non-corrosive, less expensive than diesel or gasoline, and is in abundant supply. The result: lower levels of emissions into the environment.
The California Energy Commission-funded CalHeat sees CNG-fueled vehicles as reducing greenhouse gas emissions by 23% compared to a diesel-fueled version (http://nnw.fm/HugY7). GKIT has reported it has received orders for its diesel alternative G-series clean energy trucks (http://nnw.fm/YxDa9). Its goal is to be number one source of alternative fuel trucks in North America.
GKIT’s trucks are sourced globally with the goal of producing environmentally-responsible, reliable and cost-effective trucks for a diverse mix of industries, including vending, plumbing, food services, construction, pest control, landscaping and more. Its goal is to disrupt the conventional trucking industry with alternative fuel models.
For more information, visit the company’s website at www.GreenkraftInc.com
GKIT Offers Clean Energy Alternative Fuel Trucks
Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized player in the alternative fuel engine and transportation market, remains focused on creating cleaner, greener, more efficient products. An article discussing this reads: “GKIT is a Santa Ana, California-based company which is a manufacturer and distributor of three lines: alternative fuel clean trucks, conversion systems and engines. The company manufactures commercial-forward trucks for vehicle classes 4, 5, 6, and 7. They also make and sell alternative fuel systems that convert petroleum-based fuels to natural gas and propane fuels. Its trucks are globally sourced and the goal is to produce environmentally-responsible, reliable and cost-effective trucks for the plumbing, food services, vending, pest control, construction and landscaping businesses, and more.”
To view the full article, visit http://nnw.fm/F6ryM
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit the company’s website at www.GreenkraftInc.com.
GKIT is a Leader in the Drive Toward Clean Cities
Since 2008, Greenkraft (OTCQB: GKIT) has been a leading manufacturer at the forefront of the drive to introduce cleaner, greener, more efficient products in the transportation market. The company’s mission aligns with U.S. government policy and the U.S. Department of Energy’s Clean Cities program to make cities cleaner by reducing harmful vehicle emissions, advance energy independence and support economic development. A recent article outlines Greenkraft’s positioning for this program, “Launched in 1993, Clean Cities is a collaborative program between government and industry, designed to reduce petroleum consumption in the transpor¬tation sector. Its ultimate aim is to cut emission of greenhouse gases by this reduction of petroleum use in the auto sector, and the program has set a goal to ‘displace 2.5 billion gallons of petroleum annually, by 2020’. The hope is that this ambitious objective will be achieved by advancing and promoting the use of alternative fuels and vehicles, idle reduction technologies, hybrid electric vehicles, improved fuel blends and better fuel economy. All this is right up Greenkraft’s alley. The company manufactures eco-friendly trucks, as well as alternative fuel systems and engines that are more efficient than other products currently on the market.”
To view the full article, visit http://nnw.fm/k3Xgy
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit the company’s website at www.GreenkraftInc.com.
GKIT Alternative Fuel Engines Will Complement Growth in the Trucking Industry
- GKIT says existing line of alternative fuel trucks and engines will result in more than $1 million of new revenues in 2017 as its disrupts the trucking industry
- Company sees alternative fuel engines for agricultural equipment and stationary machines as growing GKIT’s revenues as well as branding
- GKIT will become more diverse, expand its product lines and applications to “new exciting markets,” says George Gemayel, CEO
Greenkraft, Inc. (OTCQB: GKIT) has its eyes on becoming the number one source for clean energy alternative fuel trucks in North America by disrupting the trucking industry. That would result in cleaner cities from its product line of Clean Energy Natural Gas (“CNG”) and Liquified Petroleum Gas (“LPG”) alternative fuel products in the commercial trucking industry. Key to its growth is diversification with alternative fuel engines for both agricultural equipment and stationary machines.
GKIT is a Santa Ana, California-based company which is a manufacturer and distributor of three lines: alternative fuel clean trucks, conversion systems and engines. The company manufactures commercial-forward trucks for vehicle classes 4, 5, 6, and 7. They also make and sell alternative fuel systems that convert petroleum-based fuels to natural gas and propane fuels. Its trucks are globally sourced and the goal is to produce environmentally-responsible, reliable and cost-effective trucks for the plumbing, food services, vending, pest control, construction and landscaping businesses, and more.
The Southern California Clean Cities Coalition’s research details the savings it has achieved in cutting Greenhouse Gas emissions plus petroleum savings it has earned using alternative fuels (http://nnw.fm/8uUKP). Natural gas companies and natural gas associations are also active in promoting alternative fuel use vs. fossil fuels. The American Gas Association is one gas association targeting the use of clean, smog-free cities and natural gas vehicles rather than fossil fuels (http://nnw.fm/85kiH).
George Gemayel, CEO, said that GKIT would be entering “new exciting markets” in the future that will build GKIT’s revenue and brand recognition. He focused on engines for agricultural equipment and stationary machines used in various industries and different fuel options. He had already projected more than $1 million in new revenues in 2017 from its product lines — including agricultural equipment and stationary engines (http://nnw.fm/1DFcZ).
For more information, visit the company’s website at www.GreenkraftInc.com
GKIT Commercial Truck Line Sales Jump
Greenkraft, Inc. (OTCQB: GKIT) today announced the reception of orders for its G-series trucks from Classes 4 to 7. The company stands out as the only manufacturer providing trucks that run on both clean energy Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG). To date, Greenkraft has received orders for its G-series trucks ranging from 14,000 lbs to 26,000 lbs gvw. Management continues to work purposely to deliver long-term value to shareholders by increasing revenues and advancing its clearly defined expansion plan designed to establish the company as the #1 source of alternative fuel trucks in North America.
To view the full press release, visit http://nnw.fm/fhe5D
About Greenkraft, Inc.
Greenkraft, Inc., (OTCQB: GKIT) a profitable, revenue generating publicly traded company, is a major manufacturer of alternative fuel automotive products. Greenkraft, Inc. was created to introduce clean, green, efficient, automotive products that run on alternative fuels. GKIT offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. GKIT’s commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4,5,6, and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit the company’s website at www.GreenKraftInc.com.
GKIT Trucks Are Steering America toward a Future with Clean Cities
- Increasing demand for alternative fuel vehicles
- Alternative fuel automotive products compatible with Clean Cities program
- LPG and CNG cost less than gasoline or diesel
Greenkraft, Inc. (OTCQB: GKIT) is driving in line with U.S. government energy policy. Since 2008, the Santa Ana, California-based manufacturer of alternative fuel automotive products has been at the forefront of the drive to introduce cleaner, greener, more efficient products in the transportation market. This mission aligns with U.S. government policy to make cities cleaner by reducing harmful vehicle emissions. Greenkraft’s commercial trucks are powered by a variety of alternative fuels. Spearheaded by the U.S. Department of Energy, the Clean Cities program has been a catalyst for transportation projects that advance U.S. energy independence, transform local markets, support regional economic development and reduce air pollution.
Launched in 1993, Clean Cities is a collaborative program between government and industry, designed to reduce petroleum consumption in the transportation sector. Its ultimate aim is to cut emission of greenhouse gases by this reduction of petroleum use in the auto sector, and the program has set a goal to ‘displace 2.5 billion gallons of petroleum annually, by 2020’. The hope is that this ambitious objective will be achieved by advancing and promoting the use of alternative fuels and vehicles, idle reduction technologies, hybrid electric vehicles, improved fuel blends and better fuel economy. All this is right up Greenkraft’s alley. The company manufactures eco-friendly trucks, as well as alternative fuel systems and engines that are more efficient than other products currently on the market.
Greenkraft’s range of commercial trucks are ideal for food services, electrical contractors, construction, pest control, plumbing, vending, landscaping, and many more industrial applications. They have a gross vehicle weight rating (GVWR) that comprises 14,500 lbs, 15,950 lbs and 17,950 lbs for the G1; 19,500 lbs for the G2; 26,000 lbs for the G3 and 33,000 lbs for the G4. All models are powered by a General Motors 6.0 liter V8. Maximum power for the G1 and G2 is 323 horsepower at 4,600 rpm, while for the G3 and G4 it is 375 horsepower at 3,200 rpm. Fuel options of all models are compressed natural gas (CNG), liquid propane or gasoline. CNG is mainly methane obtained from natural gas, oil wells and coal beds that has been compressed to a pressure of around 200 times normal atmospheric pressure, while propane is typically obtained as a by-product of natural gas processing or petroleum refining.
Natural gas associations, natural gas producers and utilities like the Southern California Gas Company (SoCalGas) are also part of the Clean Cities project. They provide much-needed data on the cost benefits of alternative fuels. For example, a recent study by SoCalGas showed that vehicles powered by CNG offered substantial advantages over vehicles powered by gasoline or diesel (http://nnw.fm/bNSW3).
Greenkraft is currently enjoying a dramatic surge in demand for its trucks from various fleet operators all across the country, as the company recently announced (http://nnw.fm/Gj8LD). This increased interest is due to the many government incentives (tax credits and deductions) available to companies that switch to alternative energy trucks. Moreover, Greenkraft controls nearly all of the market share in the clean energy truck market. The company is the only manufacturer offering trucks that run on both clean energy CNG and LPG. Both of these fuels are in ample supply. The U.S. is now the world’s largest producer and exporter of LPG, and it has, since 2009, surpassed Russia as the world’s top producer of natural gas. In light of these statistics, there is no doubt that Greenkraft is on the right track.
For more information, visit the company’s website at www.GreenkraftInc.com
GKIT at the Forefront of Environmentally-Friendly Alternative Fuel Market Rise
Building future transportation products today, Greenkraft, Inc. (OTCQB: GKIT) manufactures alternative fuel automotive products. Created to introduce clean, green, efficient, automotive products, Greenkraft is at the vanguard of green transportation introducing cost efficient and high quality alternative fuel products. A recent article highlights Greenkraft’s advantages, “With climate change becoming a growing threat and world leaders officially recognizing that carbon emissions are one of the main causes of this change, the global market for greener alternative fuels is expected to expand exponentially over the next few years. As part of worldwide efforts to generate clean energy, natural gas producers and natural gas associations are leveraging naturally occurring gases with a smaller carbon footprint than typical fossil fuels, while a growing number of companies in the field, including California-based Greenkraft, Inc. (OTCQB: GKIT), are focusing their efforts toward the development of alternative fuels and cleaner fuel systems.”
To view the full article, visit http://nnw.fm/XhT8H
About Greenkraft, Inc.
Greenkraft, Inc., (OTCQB: GKIT) a profitable, revenue generating publicly traded company, is a major manufacturer of alternative fuel automotive products. Greenkraft, Inc. was created to introduce clean, green, efficient, automotive products that run on alternative fuels. GKIT offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. GKIT’s commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4,5,6, and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit the company’s website at www.GreenKraftInc.com.
GKIT at the Forefront of Environmentally-Friendly Alternative Fuel Market Rise
- Alternative fuel market to reach $614 billion in five years
- Faced with rising demand, Greenkraft set to expand production capabilities
- Company’s eco-friendly engine gains California Air Resources Board recognition
With climate change becoming a growing threat and world leaders officially recognizing that carbon emissions are one of the main causes of this change, the global market for greener alternative fuels is expected to expand exponentially over the next few years. As part of worldwide efforts to generate clean energy, natural gas producers and natural gas associations are leveraging naturally occurring gases with a smaller carbon footprint than typical fossil fuels, while a growing number of companies in the field, including California-based Greenkraft, Inc. (OTCQB: GKIT), are focusing their efforts toward the development of alternative fuels and cleaner fuel systems.
Under the Paris Climate Accord, which was signed by 195 countries, signatories committed to taking action so as to slow down the global average temperature rise to below 2°C above pre-industrial levels – a goal that can be accomplished by eliminating or reducing the use of fossil fuels. It should be noted that some fossil fuels, such as naturally-occurring gases from compressed natural gas (CNG) and liquified petroleum gas (LPG), have a significantly lower carbon footprint than diesel or gasoline. CNG-fueled vehicles emit up to 29 percent fewer greenhouse gases, according to the California Air Resources Board. In addition to environmental benefits, CNG is also considerably less expensive than diesel or gasoline and delivers similar horsepower ratings, according to a Southern California Gas Company study (http://nnw.fm/WGa0f).
These CNG and LPG benefits are driving the growth of the global alternative fuel market, which is expected to reach $614 billion by 2022 with a 12.9 percent CAGR, according to an Allied Market Research report (http://nnw.fm/6fAIh). The movement is spearheaded by natural gas producers and companies committed to the development of clean and cost-effective fuel automotive products. Located in Santa Ana, California, Greenkraft is a leading manufacturer of alternative fuel engines and systems, as well as environmentally-friendly trucks, being a major player in the clean energy truck market (http://nnw.fm/xE0WR).
Greenkraft’s commitment to delivering green automotive products that meet the same performance standards as regular fuels is certainly paying off. The company is facing a rise in demand for its Greenkraft truck, which was launched in March this year, and it already has plans to expand its production facilities. The company also garnered accolades for its new truck over the inclusion of a septic tank – a first for Greenkraft and a move that’s likely to generate millions of dollars in new revenue in the coming years, according to CEO George Gemayel.
The company’s efforts to promote environmentally-friendly products were also recognized by California’s Air Resources Board as exceeding the state’s Clean Air Act standards. Greenkraft’s 8L V8 Gasoline, CNG and LPG fuel-injected engine was recently awarded new certification by the board’s On-Road New Vehicle and Engine Certification Program, according to a company press release (http://nnw.fm/Jy3ei). The engine, available as a standalone product or with one of Greenkraft’s heavy duty trucks, achieves nitrogen oxide emissions of under 0.02 g/bhp-hr, which is very close to the near-zero emission levels set by the board.
Other companies that share Greenkraft’s commitment to clean energy products for clean cities and a better environment include Cummins, Inc. (NYSE: CMI) and Ballard Power Systems Inc. (NASDAQ: BLDP).
As a global power leader that designs, manufactures and commercializes both diesel and alternative fuel engines and related products, Cummins operates a special branch that is focused on developing emission solutions to meet the highest standards for emissions control worldwide. These solutions include custom engineering systems, particulate filters, oxidation catalysts, fuel water separators, coolants, additives and other fuel systems for various types of engines.
With a declared goal of becoming a leading global provider of innovative clean energy solutions, Ballard Power Systems focuses on the manufacture of proton exchange membrane fuel cells to deliver valuable, reliable and high-quality green energy power products to several markets, including automotive, rail, public transit, defense and critical infrastructure.
For more information, visit the company’s website at www.GreenkraftInc.com
GKIT Announces Entry into Multiple Supply Contracts
Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized player in the alternative fuel engine and vehicle market, this morning announced its entry into supply contracts with several dealers and distributors looking to provide to their customers a range of efficient, eco-friendly commercial trucks. “We continue to see increased and widespread demand for alternative commercial trucks and alternative fuel systems, and we are pleased to be in a position to meet this demand with our line of vehicles,” George Gemayel, CEO of Greenkraft, noted in the news release. “These new supply contracts are on par with our recently announced initiatives to expand our dealer network to position Greenkraft as one of the trucking industry’s leading truck manufacturers.” Per this morning’s update, Greenkraft’s Model G line of fuel efficient, versatile commercial trucks will offer businesses in the delivery and service sectors a wide choice of reliable, cost-effective vehicles. The company’s globally manufactured commercial truck line currently includes 18 unique models ranging from Classes 4 to 7, with each model meeting applicable EPA and CARB emission standards.
To view the full press release, visit http://nnw.fm/pzH9K
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.GreenkraftInc.com
GKIT Provides Affordable, Eco-Friendly Automotive Products
Greenkraft, Inc. (OTCQB: GKIT) is a major player in the clean energy truck market that provides alternative fuel automotive products that are not only safer for the environment, they are also more cost effective. An article discussing this reads: “Natural gases are also less expensive. A study by SoCalGas concluded that vehicles powered by CNG offer substantial advantages over vehicles powered by gasoline or diesel (http://nnw.fm/KC8os). Researchers compared heavy-duty commercial diesel and natural gas vehicles and provided estimated break-even points, i.e. the prices at which it would be equally cost effective to use either natural gases or diesel. For a transit bus, the oil price would have to fall to $31 per barrel; for a short- haul heavy-duty truck, it would need to drop to $28 a barrel, while for a refuse hauler, the oil price would have to sink to $22 a barrel.”
To view the full article, visit http://nnw.fm/xVeZ9
About Greenkraft, Inc.
Greenkraft, Inc. is a manufacturer of alternative fuel automotive products located in Santa Ana, California. Greenkraft Inc., established in 2008, offers alternative commercial forward cab trucks powered by alternative fuel CNG and LPG in classes 3, 4, 5, 6 and 7, along with alternative fuel systems on various vehicles. The company’s mission is to produce environmentally friendly solutions for the automotive industry. For more information, visit the company’s website at www.GreenkraftInc.com
GKIT Keeps On Trucking with Cleaner, Cost Effective Alternative Fuels
- Demand for alternative fuel vehicles & systems climbing
- CNG and LPG have smaller carbon footprints
- Natural gases cost less than gasoline or diesel
As a major player in the clean energy truck market, Greenkraft, Inc. (OTCQB: GKIT) is offering truck fleet operators the rare opportunity to have their cake and eat it too. The California-based manufacturer not only provides alternative fuel automotive products that are more environmentally friendly but they are, also, more cost effective. Utilizing an engine, or commercial truck or alternative fuel system from Greenkraft, fleet owners can play a part in preserving the planet, while boosting their bottom lines. They are already starting to do so. The company has reported increased demand for its trucks and is ramping up its production facilities to turn out more fuel-efficient trucks with varying carrying capacities.
Despite the naysayers, the Paris Climate Accord, signed by 195 nation-states, was recognition that carbon emissions are causing global warming and climate change. The Accord aims to ‘keep the increase in global average temperature to well below 2°C above pre-industrial levels’ and an obvious way to do that is by a reducing or eliminating the use of fossil fuels. However, with regard to the greenhouse gases (GHG) that result when they are burned, fossil fuels are not all the same. Naturally occurring gases, which are components of liquefied petroleum gas (LPG) and compressed natural gas (CNG) have much smaller carbon footprints than either gasoline or diesel.
CNG is mainly methane obtained from natural gas, oil wells and coal beds that has been compressed to a pressure around 200 times normal atmospheric pressure. LPG is mostly propane and butane from gas fields or from oil refining at a pressure of between 5-15 atmospheric pressures. Using the Greenhouse gases, Regulated Emissions, and Energy use in Transportation Model (GREET) framework, the Argonne National Laboratory’s Systems Assessment Group has reported ‘that propane use reduced GHG emissions by nearly 10%’ (http://nnw.fm/7YBp9). And the California Air Resources Board (CARB) has found that a CNG fueled vehicle emits 20 to 29 percent fewer GHG emissions than a comparable gasoline or diesel fueled vehicle.
Natural gases are also less expensive. A study by SoCalGas concluded that vehicles powered by CNG offer substantial advantages over vehicles powered by gasoline or diesel (http://nnw.fm/KC8os). Researchers compared heavy-duty commercial diesel and natural gas vehicles and provided estimated break-even points, i.e. the prices at which it would be equally cost effective to use either natural gases or diesel. For a transit bus, the oil price would have to fall to $31 per barrel; for a short- haul heavy-duty truck, it would need to drop to $28 a barrel, while for a refuse hauler, the oil price would have to sink to $22 a barrel.
With the global alternative fuel market set to grow to $614 billion by 2022, Greenkraft is planning to expand its output by the construction of a larger manufacturing facility. In March, the company announced the debut of the Greenkraft truck at the WWETT Show 2017 held on February 22 – February 25 at the Indiana Convention Center. The truck’s coming out generated a lot of excitement, particularly since it allowed the Greenkraft brand to be introduced to the septic tank sector of the trucking industry.
George Gemayel, CEO of Greenkraft, Inc. had this to say, “The debut of our trucks at the WWETT Show was a huge success as everyone was amazed at how the Greenkraft truck looked. In addition, this opens up an entire new market for Greenkraft since we had not previously focused on the septic tank industry; but now it can produce millions of new revenue dollars for the Company in the coming years.”
For more information, visit the company’s website at www.GreenkraftInc.com
GKIT Announces California Clean Air Act Certification for Alternative Fuel Engine
Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized player in the alternative fuel engine and vehicle market, this morning announced that its 8L V8 Gasoline, CNG, and LPG fuel-injected engine received new certification from the California Air Resources Board’s “On-Road New Vehicle and Engine Certification Program.” In order to earn certification under this program, vehicles must demonstrate that exhaust and evaporative emission controls systems are durable and comply with the emission standards for the vehicle’s useful life. Greenkraft’s 8L V8 fuel-injected engine achieved a NOx emission value of less than 0.02 g/bhp-hr, meeting the California Air Resource Board’s optional near-zero NOx level on three different fuels, including LPG, CNG and gasoline. Notably, the company’s engine is the first to be certified at this near-zero NOx level on three unique fuel types. Greenkraft’s engine is available as both a stand-alone product and installed in one of the company’s heavy duty trucks.
To view the full press release, visit http://nnw.fm/ux8Ai
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.GreenkraftInc.com
GKIT Announces Expansion of Dealer Network
Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized player in the alternative fuel engines and trucks industries, this morning announced that it is expanding its dealer network in an effort to meet increased demand for its line of alternative fuel, cab-forward trucks. Per the update, Greenkraft has entered agreements with two additional dealers to promote and sell its commercial trucks. “This is an exciting time for Greenkraft as we accelerate our growth plan to meet the increased interest in alternative fuel automotive products for commercial use,” George Gemayel, CEO of Greenkraft, stated in the news release. “The new dealers we have added to our network will distribute our Greenkraft trucks to businesses looking to add environmentally friendly, cost-efficient vehicles to their fleets. We have trucks in numerous different classes, which gives us considerable market potential. At this pace, we believe Greenkraft is going to be one of the leading truck manufacturers in the trucking industry.”
To view the full press release, visit http://nnw.fm/KvK5r
About Greenkraft, Inc.
Greenkraft, Inc., a profitable, revenue-generating company, is a major manufacturer of alternative fuel automotive products. Greenkraft was created to introduce clean, green, efficient, automotive products that run on alternative fuels. The Company offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft commercial trucks are powered by alternative fuels such CNG and LPG in Classes 4, 5, 6 and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.GreenkraftInc.com
GKIT Offers Eco-Friendly Alternative Fuel Options for the Automotive Industry
- Global alternative fuel and hybrid vehicle market projected to reach $819 billion by 2024
- Demand for alternative fuel vehicles is increasing worldwide
- Clean, cost-efficient commercial trucks are a booming market as more companies go green
Greenkraft, Inc. (OTCQB: GKIT), a California-based manufacturer of alternative fuel automotive products including engines and commercial trucks, offers eco-friendly trucks that are reliable, cost-effective and versatile. This rapidly growing sector of the automotive industry is demanding cleaner, more fuel-efficient models utilizing alternative fuels. Greenkraft’s new line of larger trucks, powered by the alternative fuels CNG and LPG in classes 4, 5, 6 and 7, provide an option for businesses seeking to have less of an impact on the environment while saving money.
The global alternative fuel and hybrid vehicle market, valued at $318 billion in 2016, is expected to reach $819 billion by 2024, recording a compound annual growth rate of 12.8 percent, according to a September 2017 Esticast Research & Consulting report (http://nnw.fm/oEs6x). Advancements in alternative fuel technologies, increasing interest in eco-friendly vehicles and an upsurge in government initiatives are expected to help push the industry forward.
One major player in the trucking industry, UPS, announced in June that it would add more alternative fuel and advanced technology vehicles to its fleet while increasing its reliance on renewable energy sources. The company set a goal that, by 2020, one in every four vehicles purchased annually for its ground fleet would be an alternative fuel or advanced technology vehicle (http://nnw.fm/7YBfB).
This move toward using more diverse and sustainable energy sources is being embraced by smaller companies and a variety of industries, as well. Earlier this year, Greenkraft successfully debuted an alternative fuel truck at the WWETT Show 2017 held in Indiana. CEO George Gemayel said the truck was well received by members of the septic tank sector of the trucking industry, noting Greenkraft’s entry into the specialized truck market could generate millions more in revenue (http://nnw.fm/5uXV2).
Each product produced by Greenkraft provides environmentally friendly solutions to the increasingly difficult problems associated with using traditional fuels. While most vehicles across the United States are powered by either gasoline or diesel, Greenkraft manufactures and markets alternative fuel systems to convert these engines to function on natural gas and propane fuels. The company’s fuel-efficient trucks not only save businesses money, but avoid pumping tons of greenhouse gasses into the atmosphere – and that’s a win-win for any industry.
For more information, visit the company’s website at www.GreenkraftInc.com
GKIT Forwards Expansion Plans to Accommodate Growing Demand for Fuel-Efficient Commercial Vehicles
California-based Greenkraft, Inc. (OTCQB: GKIT), a company that specializes in producing alternative fuel automotive products, commercial trucks and engines, is continuing its pioneering work of providing cost-effective commercial trucks that operate under the power of alternative fuels. The company’s current expansion plans include constructing a larger manufacturing facility to meet the ever-increasing demand for fuel-efficient trucks that have varying carrying capacities. An article discussing this reads: “Most vehicles, especially commercial trucks, are powered by either gasoline or diesel, but this trend is beginning to change. The U.S. government is funding several efforts to help consumers find the alternative fuel or fuel-efficient solutions that meet their needs. In California, legislators recently reached an agreement to direct up to $1.5 billion of revenue from the state’s greenhouse gas emissions allowance to expand its use of alternative transportation fuels, according to Natural Gas Intelligence, an industry publication (http://nnw.fm/t2DNu). In the legislative deal, nearly $900 million is earmarked for alternative fuel vehicles – including trucks and buses – purchased by the state.”
To view the full article, visit http://nnw.fm/dktJ7
About Greenkraft, Inc.
Greenkraft, Inc. is a manufacturer of alternative fuel automotive products located in Santa Ana, California. Greenkraft Inc., established in 2008, offers alternative commercial forward cab trucks powered by alternative fuel CNG and LPG in classes 3, 4, 5, 6 and 7, along with alternative fuel systems on various vehicles. The company’s mission is to produce environmentally friendly solutions for the automotive industry. For more information, visit the company’s website at www.GreenkraftInc.com.
GKIT Continues Expansion Plans to Meet Demand for Fuel Efficient Commercial Vehicles
- Global alternative fuel and hybrid vehicle market is expected to grow to $614 billion by 2022, registering a compound annual growth rate (CAGR) of nearly 13 percent
- Greenkraft’s eco-friendly commercial trucks and alternative fuel systems offer environmentally friendly solutions with a price advantage and American performance
- California legislators are poised to increase funding for state’s purchase of alternative fuel-fed vehicles and trucks
Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized company specializing in the production of alternative fuel automotive products, engines and commercial trucks, continues its revolutionary work on manufacturing cost-efficient commercial trucks powered by alternative fuels. Based in Santa Ana, California, Greenkraft’s expansion plans include construction of a larger manufacturing facility to accommodate this increasing demand for fuel-efficient trucks with varying carrying capacities.
Most vehicles, especially commercial trucks, are powered by either gasoline or diesel, but this trend is beginning to change. The U.S. government is funding several efforts to help consumers find the alternative fuel or fuel-efficient solutions that meet their needs. In California, legislators recently reached an agreement to direct up to $1.5 billion of revenue from the state’s greenhouse gas emissions allowance to expand its use of alternative transportation fuels, according to Natural Gas Intelligence, an industry publication (http://nnw.fm/t2DNu). In the legislative deal, nearly $900 million is earmarked for alternative fuel vehicles – including trucks and buses – purchased by the state.
California’s push to “move toward a future where trucks and buses produce either zero or virtually zero emissions” is at a pivotal point, according to an industry group in support of the increased funding. Several major U.S. cities are already using Greenkraft’s fuel-efficient trucks for their daily operations. These trucks not only produce fewer pollutants and less of an environmental impact; they also save these cities a healthy amount of money.
The world’s alternative fuel and hybrid vehicle market is expected to grow at a blistering pace over the next five years, reaching upward of $614 billion by 2022 and registering a nearly 13 percent compound annual growth rate, according to a report by Allied Market Research (http://nnw.fm/GkkW7). Technological advances in alternative fuel vehicles and proactive government initiatives, such as the one under consideration in California, are helping to propel the market’s stunning growth.
Greenkraft CEO George Gemayel recently noted that the company’s ability to offer its truck line in sizes ranging from 14,500 lbs. to 33,000 lbs. makes sense for a variety of industries, including those needing refrigeration options. Greenkraft’s CNG trucks are becoming the standard alternative to diesel trucks in the United States.
“This increased demand and national recognition of our CNG truck line is set to dramatically increase GKIT’s revenue in the 2017 fiscal year,” Gemayel stated in a news release.
For more information, visit the company’s website at www.GreenkraftInc.com
Market-Leading Alternative Fuel Products Propel GKIT toward Head of Industry
- Greenkraft is the only company to manufacture both CNG- and LPG-powered trucks
- Among few companies in the world to offer a refrigeration option for alternative fuel trucks
- Company has experienced a significant uptick in orders from fleet operators during 2017
Aiming to become the leading provider of alternative fuel trucks in North America, Greenkraft, Inc. (OTCQB: GKIT) is at the head of its class in introducing alternative fuel products that are both cost-effective and of the highest quality. The company was founded in 2008 with the objective of manufacturing alternative commercial forward cab trucks and alternative fuel systems for a variety of vehicles. Greenkraft’s commercial trucks operate under the power of alternative fuels CNG and LPG in classes 4, 5, 6 and 7.
The way is clear for Greenkraft to become number one in its field, as the company controls almost of all of the market share in the clean energy truck market. Greenkraft is currently the only manufacturer to offer trucks that are powered by both CNG and LPG, and electric vehicles are also forthcoming, according to the company’s website.
Greenkraft’s products include commercial trucks, alternative fuel systems and eco-friendly engines, all of which are environmentally friendly automotive solutions. The company’s products boast price advantages, American craftsmanship, enviro-friendliness and exceptional efficiency.
Greenkraft’s commercial trucks feature a cab forward design that enables the passenger area to be considerably larger than one finds in other similarly-sized vehicles. Several options are also offered regarding tank capacity, letting customers choose the most efficient model for their needs. Greenkraft is additionally one of the only companies on Earth that offers an alternative fuel truck with a refrigeration option.
Demand for Greenkraft’s trucks has greatly increased this year as orders have poured in from fleet operators throughout the United States. The various government incentives offered for companies that change over to alternative-fuel trucks have helped fuel this surge. Many of the fleet operators interested in Greenkraft’s pioneering trucks also operate their own filling stations, through which they are able to get CNG at low prices.
During 2017, Greenkraft has been executing a clear-cut growth plan, which has included the expansion of the company’s factory as well as the introduction of a new line of trucks—the G3 and G4—which will accommodate respective weights of 26,000 and 33,000 pounds.
For more information, visit the company’s website at www.GreenkraftInc.com
Alternative Fuel Innovations Propel GKIT to Success
Specializing in producing alternative fuel automotive products, including commercial trucks and engines, Greenkraft, Inc. (OTCQB: GKIT) is on a mission to offer clean, energy-efficient automotive products that boast a price advantage along with unmatched performance. The company is serving the commercial truck market with vehicles that are powered by alternative fuels that include CNG and LPG in classes 4, 5, 6 and 7.
An article further discussing this reads: “Greenkraft’s new line of trucks, known as the G3 and G4, will accommodate weights of 26,000 lbs. and 33,000 lbs., respectively. George Gemayel, CEO of Greenkraft, Inc., said the demand for larger trucks that run on alternative fuels continues to increase. ‘Greenkraft is going to revolutionize the trucking industry with these new 26,000 and 33,000 lbs. trucks that run on CNG and PROPANE fuel,’ Gemayel states in a press release. ‘The only way we can meet increased demand for Greenkraft products is to expand our current factory. This expansion is one of many factors that will substantially increase the Company’s revenue in 2017.’”
To view the full article, visit http://nnw.fm/Q5pEH
About Greenkraft, Inc.
Greenkraft, Inc. is a manufacturer of alternative fuel automotive products. Greenkraft, Inc. was created to introduce clean, green, efficient, automotive products that run on alternative fuels. Greenkraft offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. Greenkraft’s commercial trucks are powered by alternative fuels such CNG and LPG in Classes 3, 4, 5, 6, and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.greenkraftinc.com.
GKIT is “One to Watch”
- Greenkraft, Inc. expects to realize well over $1 million of new revenue in 2017
- Expansion plans include construction of larger manufacturing facility to accommodate increasing demand for Greenkraft’s alternative fuel commercial trucks
- A new line of larger, heavy duty G3 and G4 commercial trucks are coming soon
- Greenkraft vehicles meet EPA and CARB emission standards through use of clean alternative fuels
Greenkraft, Inc. (OTCQB: GKIT) is a nationally recognized company specializing in the production of alternative fuel automotive products, including engines and commercial trucks. Located in Santa Ana, California, the company’s mission is to provide clean, green, energy efficient automotive products that have a price advantage coupled with unparalleled American performance. Established in 2008, Greenkraft, Inc. serves the commercial truck market powered by the alternative fuels CNG and LPG in classes 4, 5, 6 and 7.
Greenkraft’s new line of trucks, known as the G3 and G4, will accommodate weights of 26,000 lbs. and 33,000 lbs., respectively. George Gemayel, CEO of Greenkraft, Inc., said the demand for larger trucks that run on alternative fuels continues to increase.
“Greenkraft is going to revolutionize the trucking industry with these new 26,000 and 33,000 lbs. trucks that run on CNG and PROPANE fuel,” Gemayel states in a press release. “The only way we can meet increased demand for Greenkraft products is to expand our current factory. This expansion is one of many factors that will substantially increase the Company’s revenue in 2017.”
Greenkraft produces a cab forward design for its commercial trucks, which allows the passenger area to be much larger than in other similar sized vehicles. Several tank capacity options exist, making it easy to select the most efficient model for a client’s specific needs. Greenkraft is one of the only companies in the world to offer a refrigeration option with an alternative fuel truck – an essential, must-have option for many businesses.
Greenkraft trucks, considered among the best performing in the heavy-duty market, are used in a variety of industries and in some of the nation’s largest cities. The company also offers a line of trucks designed to run with a package from Allison Transmission Holdings, Inc. (NYSE: ALSN), which gives clients the option of purchasing a fully automatic transmission vehicle. This option expands the size of the driver pool since fully automatic shifting reduces driver fatigue, contributes to solving the issue of driver retention, and it is easy to use.
CNG and LPG conversion systems made by Greenkraft are available for several major automobile brands including Ford, GM and Isuzu/GM. Installation, service, parts and warranty are all available through Greenkraft facilities and its partners.
For more information, visit the company’s website at www.GreenkraftInc.com
Don't understand what happens to this company ? Sales are a joke
Would be nice!
Should have filing today
Yep due for update of some sort...see those numbers $GKIT
Ready for q
Hell yea way undervalued! $GKIT
$2 coming bro IMHO ....
SANTA ANA, Calif., March 23, 2017 (GLOBE NEWSWIRE) -- Greenkraft, Inc. (OTCQB:GKIT), a nationally recognized player in the alternative fuel engine and vehicle market is pleased to announce that the Company is preparing to launch a very extensive national marketing campaign that will introduce GKIT’s trucks and engines to nearly every part of the United States through print ads, trade shows and targeted campaigns. This new brand awareness for Greenkraft will bring in numerous new customers from all across the country.
George Gemayel, CEO of Greenkraft, Inc. says, “We have been preparing to launch this marketing program for quite some time and following the success we had debuting our products at different shows in the past, the timing cannot be more perfect. Greenkraft has been growing steadily for years and now we are set to grow exponentially with the addition of several new customers from all part of the country. Greenkraft is projecting a very dramatic increase in Company revenue in the 2017 fiscal year.”
Greenkraft, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing their clearly defined expansion plan that will allow GKIT to become the #1 source for alternative fuel trucks in North America. Greenkraft will constantly update the public and its shareholders on all Company progress by way of regular press releases and timely SEC filings.
Company is preparing to launch a very extensive national marketing campaign that will introduce GKIT’s trucks and engines to nearly every part of the United States through print ads, trade shows and targeted campaigns. This new brand awareness for Greenkraft will bring in numerous new customers from all across the country.
News.....
SANTA ANA, Calif., March 23, 2017 (GLOBE NEWSWIRE) -- Greenkraft, Inc. (OTCQB:GKIT), a nationally recognized player in the alternative fuel engine and vehicle market is pleased to announce that the Company is preparing to launch a very extensive national marketing campaign that will introduce GKIT’s trucks and engines to nearly every part of the United States through print ads, trade shows and targeted campaigns. This new brand awareness for Greenkraft will bring in numerous new customers from all across the country.
George Gemayel, CEO of Greenkraft, Inc. says, “We have been preparing to launch this marketing program for quite some time and following the success we had debuting our products at different shows in the past, the timing cannot be more perfect. Greenkraft has been growing steadily for years and now we are set to grow exponentially with the addition of several new customers from all part of the country. Greenkraft is projecting a very dramatic increase in Company revenue in the 2017 fiscal year.”
Greenkraft, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing their clearly defined expansion plan that will allow GKIT to become the #1 source for alternative fuel trucks in North America. Greenkraft will constantly update the public and its shareholders on all Company progress by way of regular press releases and timely SEC filings.
Patience will pay on this one, $GKIT
Well hello there mr .19
Big seller is stopping chart from going further ..IMHO
Agreed and nobody takin notice, lol $GKIT
Company going to be major
Photo added to Twitter :)
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